Nifty bounces from demand zone,FII FnO Data Analysis


  • FII’s sold 2.4 K contract of Index Future worth 6 cores ,2 K Long contract were added  by FII’s and 4.5 K  short contracts  were added  by FII’s. Net Open Interest increased  by 6.5 K contract, so today’s fall was used by FII’s to enter shorts and longs in index futures What You Can Learn From Great Sportsmen to Improve Trading
  • As discussed in last analysis 8318-8300 range is very important demand zone as shown in below chart, holding the same and moving above 8400 can see bulls coming back else we will see a further fall towards 8223 odd area. Nifty made low of 8316 exactly near our demand zone of 8318 and staged a smart pullback rally, Now a close above 8400 will fuel bulls towards the swing high of 8600. Gunner also shows nifty made low near the red arc and holding the same can stage rally.

Supply Demand

Nifty Gunner

  • Nifty July Future Open Interest Volume is at 1.83 core with addition of 4.1 Lakh, with decrease in CoC suggesting shorts have entered the system. NF Rollover range @8357 should be kept close eye on,holding below bears are in control above it bulls have upper hand.
  • Total Future & Option trading volume was   at 1.85 core with total contract traded at 4.1  lakh. PCR @0.93.
  • 8400  CE  OI at 51.6 lakh , wall of resistance @ 8400 .8000/8500 CE added 1.6  lakh so bears added in small quantity  holding 50 lakhs overall. FII bought 55.9 K CE longs and 3.7 K CE  were shorted by them.Retail sold 0.08 K CE contracts.
  • 8000 PE OI@ 48 lakhs so strong base @ 8000.  8100/8500 PE added 0.90  lakh  still holding 87 lakh suggesting bulls have not lost hope . FII bought 10 K PE longs and 14.3 K PE were shorted by them.Retail bought 33 K PE contracts.So again retailers bought PE and market going up.
  • FII’s sold 465 cores in Equity and DII’s bought  590  cores in cash segment.INR closed at 63.39


Buy above 8386 Tgt 8412,8457 and 8510 (Nifty Spot Levels)

Sell below 8350 Tgt 8325,8290 and 8263 (Nifty Spot Levels)


Click Here to Like Facebook Page get Real time updates

5 thoughts on “Nifty bounces from demand zone,FII FnO Data Analysis”

  1. There was change in open interest for 8500 call from +900000 to -250000 in last 30 mins of trade today. What is the significance of this change.

  2. Dear Bramesh, I started following market recently. I could not understand the point that holding 87K PE and bulls have not lost hope. Can you please clarify, as (i understand) that bulls are surging markets..The why are they related with PE and not CE…

  3. Thanks for the terrific analysis. Looks like global liquidity is back after the almost resolution of the Greece situation. I still think the market may not be easily able to get past the 8550 zone on any rallies. Trailing p/e now well over 23.

Leave a Reply